Social Responsibility Undertaken By Videocon : PHILOSOPHY AND RESOLVE: No business can function in a vacuum. There is the society at large with which it engages in innumerable transactions; the more involved the engagement‚ the better its qualitative and quantitative effect on the business. Aware of this debt to society‚ Videocon is committed to fulfilling its obligations: both as providers of products as well as community initiatives. They have undertaken social responsibility through the following
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Social Responsibility & Diversity (EGYPT’S KING OF HEARTS) Introduction As a general manager at the Central Auditing Organization (C.A.O); the supreme Auditing firm responsible for auditing ministries‚ public institutions‚ non for profit organizations and any other entity assigned to the C.A.O by the high authorities‚ I found In
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Corporate Social Responsibility initiatives of BPCL BPCL‚ a well-known petroleum brand called Bharat Petroleum Company Limited is committed to the welfare and development of the society and the local community. It works in various areas to help develop the community and society. BPCL’s commitment towards society and local community is very high‚ according to the CMD‚ ‘We are committed to the societies where we operate and understand that business success is not possible when the needs of the society
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In the world today‚ Corporate Social Responsibility (CSR) has become one of the most essential aspects adapted by governments and companies. The concept of CSR normally relates to the firm’s decisions in which would help out towards the company’s growth as well as improving the development of having a better society. The reason CSR has become very important for firms today is to counteract the growing public skepticism caused by corporate wrongdoings (Birth et al.‚ 2008). CSR is defined as “a model
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changed its vision from cheap and convenient to dedicating itself to quality‚ service‚ cleanliness‚ and a commitment to treating all customers with respect (Kiddon and Light). In regards to corporate social responsibility McD strives to achieve their values each day and improve their environmental and social performances in an effort to obtain to a sustainable future (McDonald’s). In order to achieve their desired image and
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Social Responsibility Phoenix Student ETH/316 Social Responsibility Paper According to "Cambridge Dictionaries Online" (2013)‚ social responsibility is the practice of producing goods and services in a way that is not harmful to society or the environment.” [If the previous statement is a direct quote‚ be sure to indicate the entire quoted statement in quotation marks and include either the page or paragraph number from the source.] Two examples of social responsibility efforts or actions that
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A Pragmatic Alternative for Creating a Corporate Social Responsibility Strategy By Dina Gerdeman 28 MAY 2012 RESEARCH & IDEAS : http://hbswk.hbs.edu/item/6994.html Abstract: Corporate social responsibility (CSR) is a corporate initiative to assess and take responsibility for the company ’s effects on the environment and impact on social welfare. CSR may also be referred to as "corporate citizenship" and can involve incurring short-term costs that do not provide an immediate financial benefit
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measurements and mechanisms to evaluate progress: We need to do this taking into consideration a set of goals based on our values. A very common structure is the kind of Corporate Social Responsibility (CSR) reporting that companies do to disclose their socially responsible activities. 2. What has Greenpeace done to curb corporates from exploiting our global natural resources? A key part of their campaigns is investigations; they go to the scene of the environmental crime‚ expose the responsible
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company that brought us V8 Splash‚ Pepperidge Farm and Campbell’s Soup‚ has become known for a bit more - their Corporate Social Responsibility (CSR). Campbell Soup Co. has consistently made the top ten list of Corporate Responsibility Magazine’s 100 Best Corporate Citizens - placing second in 2011 and eight in 2012. The company was also the only food and beverage company in the US to make Corporate Knights’ 2012 Global 100 Most Sustainable Corporation rank. Indeed‚ Campbell Soup Co. has seemingly embraced
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Chapter 1 Introducing IFRS In This Chapter ▶ Seeing how standards are set‚ and amended ▶ Rolling out IFRS globally ▶ Presenting IFRS financial statements M In this chapter‚ I move beyond telling you what standards are to helping you understand what they do. To start‚ I explain how the standards are created and amended‚ and then I take a look at the scope of IFRS worldwide. Finally‚ I introduce you to the important financial statements that you must present to conform with IFRS: the statement
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